Should I lock my rate now if I will be closing end of July?

YES.

Yes, there is too much risk not to. Some mortgage lenders like PrimeLending offer a free one-time float down the rate if we see a correction and rates dip. In general rates have moved up about 0.25 to 0.375 since yesterday so not a time to play around.

Depends on your risk tolerance. The damage is already done. If you haven't locked yet you may want to PAY CLOSE ATTENTION to the interest rate markets and float for a few days until the markets stabilize. However, if you choose to float, you need to be prepared to pull the trigger on your lock at the FIRST SIGN of additional weakness in the interest rate markets.

Yes, you should if you do not want to take the risk of rates potentially increasing.

Like the others it depends on Risk tolerance but with rates having rising 6 weeks in a row it would be in your best interest to do so.

LOCK NOW!!!!!! .. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

LOCK NOW!!!!!! .. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com